Jobs in Austin Increase
In keeping with the growing thought that the economic recession may be coming to an end, more jobs in Austin were added last month.
The Texas Workforce Commission has reported that the Austin-Round Rock area added 5,400 jobs from August to September. During the same time, the area's unemployment rate stayed flat at 7.2 percent.
Overall, the area's unemployment rate has remained relatively low compared to the national unemployment rate, which currently sits at 9.8 percent, according to the U.S. Department of Labor Bureau of Labor Statistics.
Austin's unemployment rate reached 6.4 percent in January, 6.3 percent in February, 6.2 percent in March, 5.8 percent in April, 6.2 percent in May, 7.1 percent in June, 7.3 percent in July and 7.2 percent in August and September.
Employment gains in state and local government accounted for the majority of new positions as schools and colleges in the area added staff in order to prepare for the new school year. The industry added 7,600 jobs from August to September and 3,000 jobs, or 1.8 percent, from last year.
The education and health services industry, which has managed to remain relatively stable despite economic conditions, added 1,100 jobs from August to September and 2,900 jobs, or 3.6 percent, from last year.
The information, financial activities and other services industries remained flat when compared to August, employing 19,800 workers, 45,700 workers and 32,500 workers, respectively.
A handful of industries saw a decrease in employment on a month-to-month basis, including mining, logging and construction by 300 jobs; manufacturing by 600 jobs; trade, transportation and utilities by 1,000 jobs; professional and business services by 200 jobs; and leisure and hospitality by 1,200 jobs.
When compared to last year, the financial activities industry added 1,000 jobs; the professional and business services industry added 1,500 jobs; and the other services industry added 800 jobs.
Several industries saw a decrease in employment when compared to last year, including:
- mining, logging and construction by 3,100 jobs or 6.6 percent
- manufacturing by 6,600 jobs or 11.5 percent
- trade, transportation and utilities by 3,800 jobs or 2.7 percent
- information by 900 jobs or 4.4 percent
- leisure and hospitality by 300 jobs or .4 percent
